China’s cost of living and economic fundamentals are better than the USA. They have very low regulations, practically no welfare, tax evasion is near universal and their central government is very weak.They do suffer from nepotism and some protectionist policies, as well as inflation, but overall they’re superior to the USA in economic policy. They just happen to be much poorer as it is.Also, you are far less likely to be harassed by the police in China, including for making black market transactions (except drugs). Prostitutes are easily obtainable in hotels, and the cops don’t even look twice at you as you buy pirated software on the street corner and get picked up by a cab run by the mafia (these cabs are cheaper than the state-licensed ones).You can start a business there with very low capital, doing damn near anything you want, and unless you make a lot of money nobody asks for permits, licenses, building codes, etc. etc.So, no, China isn’t wealthy – they are poor. But they’re a lot more likely to become wealthy than the US is to remain wealthy.
Archive for libertarianism
I want to live in a place where I don’t have to have a degree to know what I can be arrested for. I want to live in a place where I’m not surprised when something isn’t illegal. I want to have a house I own without having to worry about paying my yearly tithe for fear of repossession. I want to live in a place where crime is so rare that a gun draws no comment. I want to live in a place where authority is coextensive with responsibility. I want to live in a place where I don’t have to worry about other people’s morals. I want to live somewhere where I can drive drunk.